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News release

BOSTON, MA

Nordblom Company and Rubenstein Partners Select JLL as Exclusive Leasing Agent

for 55 Walkers Brook Drive in Reading               Nearly 90,000 SF of availability at former corporate headquarters building


BOSTON, AUG 4 2015 – JLL (www.jll.com/boston) announced today that it has been selected by Nordblom Company and Rubenstein Partners, on behalf of building ownership, as the exclusive leasing agent for 55 Walkers Brook Drive, a 140,000 SF, Class A office tower in Reading, Massachusetts. The building is located directly off I-95/Route 128, close to the I-93 interchange and surrounded by nearby retail destinations. JLL will work closely with Nordblom and Rubenstein to market the six-story office building to tenants looking for a high-quality and centrally-located space in the 128/North submarket, where few contiguous blocks of this size and quality exist.

“We are excited to reintroduce this high-quality asset to the market,” said Ogden Hunnewell, Executive Vice President/Partner at Nordblom Company. “The building is in impeccable shape, and we’re making strategic enhancements to the property that will ensure it stays at the top of the list of Class A office buildings in the suburban market.” On-going improvements to the building include updates to the building lobby and common areas, refreshed elevator cabs and upgrades to the exterior landscaping.

While 55 Walkers Brook was originally constructed as a corporate headquarters facility, it is now positioned for multiple tenants. Current tenants include Physicians Interactive and Reading Cooperative Bank, among others.

“People will be amazed to see what 55 Walkers Brook has to offer,” said Matt Daniels, Managing Director at JLL. “It is a modern office building with efficient floor plates that will appeal to both the innovation workforce as well as traditional businesses such as healthcare, financial and professional services. It features a great set of on-site and walking-distance amenities, and offers a much faster commute than office buildings in neighboring Woburn or Burlington.“

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $56.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

About Nordblom Company
Nordblom Company is a real estate enterprise with a 90-year history of investing, managing and developing properties throughout the New England region and select markets across the country. The company currently owns office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, Massachusetts with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom Company has $1.2 billion in assets under management. For more information, visit www.nordblom.com.

About Rubenstein Partners
Rubenstein Partners, founded in September 2005, is a private real estate investment management and advisory firm with operations throughout the Eastern United States.  The firm is led by its founder,  David Rubenstein, and a group of senior real estate executives, and is focused on directing and managing value-added office real estate investments, primarily in the Eastern United States. Rubenstein Partners’ predecessor company, The Rubenstein Company, LP and affiliates, founded in 1969, was one of the largest private owner operators of Class A office real estate in the Mid-Atlantic, owning and operating a portfolio of assets valued at approximately $1.2 billion at the time of its disposition in 2004. Since 2005, Rubenstein Partners has, on behalf of its investors and clients, invested in more than 10,000,000 sq. ft. of office real estate assets throughout the Eastern United States. For more information, visit www.rubensteinpartners.com.